Cheap Apartments for Rent in Montgomery, MI from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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Whitman Crossing
1 to 3 Bedroom Apartments

Whitman Crossing

10750 W Coomer StMorenci, MI 49256
  • Utilities Included
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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091
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Sherman Apartments
1 to 2 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
  • Utilities Included
Showing Results 1-24, Page 1 of 1

Montgomery, MI Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, MI is a 2 Beds unit found at Drake Terrace III priced from $721. Riverside Apartments in the Marshall Albion neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$721
Riverside ApartmentsOne Bedroom1BR,1BA$750
York Hills ApartmentsOne Bedroom1BR,1BA$775
Carriage Park Apartments (Carriage Park Investors)Carriage Park Apartments - Studio (Heat NOT Inc...Studio,1BA$795
Oak MeadowsOne Bedroom1BR,1BA$815

Best Value Apartments for Rent in Montgomery, MI and Nearby

As of October 28, 2025 the best value apartment in the Montgomery area is the $0.71 price per square foot 2 Beds, 1.5 baths Model at Waldon Pond Townhomes in the in the Marshall Albion neighborhood starting from $1,050. The second greatest value Montgomery apartment is the 4 Bedroom House Model at Oak Meadows starting at $1,400 with a $1.17 price per square foot in the Marshall Albion neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waldon Pond Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.71
Oak Meadows4 Bedroom House4BR,1.5BA$1.17
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.93
Renaissance ApartmentsTwo Bedroom2BR,1BA$0.93
McClellan Estates IIITwo Bedroom2BR,1BA$1.21
Riverside ApartmentsOne Bedroom1BR,1BA$0.91
Carriage House ApartmentOne Bedroom1BR,1BA$1.06
Addison Apartments2/12BR,1BA$1.09
Drake Terrace III2 Bedroom2BR,1BA$0.96
Park Crest Apartments1 Bedroom 1 Bathroom1BR,1BA$1.15

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Getting Around Montgomery, MI

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Montgomery Apartments

What is the Cheapest Studio apartment in Montgomery?

Currently the most affordable Cheap Studio Apartment in Montgomery is at Carriage Park Apartments (Carriage Park Investors) listed at $795.

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $750 at Riverside Apartments.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $721 at Drake Terrace III.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Oak Meadows and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.